Nigerians have remained unflinching to explore blockchain technology and cryptocurrency that rides on it in search of financial succor despite the ban imposed on the digital...
The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
The Centre for Promotion of Private Enterprises (CPPE) has again urged the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime to end...
Despite oil rally, Nigeria’s foreign reserves dipped by $145.51 million week-on-week to close at $39.52 billion as at March 24, latest data obtained from the Central...
The Monetary Policy Committee (MPC) met on 21st March 2022, in an environment of heightened geopolitical tensions and persisting macroeconomic uncertainties, associated with the recent Russia-Ukraine...
The first female Senior Advocate of Nigeria, Chief Folake Solanke, has urged the Central Bank of Nigeria (CBN) to stabilise value of the naira to prevent...
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has advanced drastic steps to recover a total...
The Central Bank of Nigeria (CBN) has pegged the minimum transaction limit for corporate and individuals transacting with Bank Neutral Cash Hubs at N1 million and...
As reserves loses grip on $40bn mark Analysts have expressed worries over depleting external reserves of the Central Bank of Nigeria as they warn of...
The Centre for the Promotion of Private Enterprise [CPPE] has urged the Central Bank of Nigeria to repeal its recently introduced electronic invoicing and evaluator for...
100 for 100 PPP: CBN disburses N23.2bn to 28 maiden beneficiaries The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has formally launched the 100 for...
The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review of charges for electronic banking transactions...
Nigeria’s financial sector has just welcomed a new player into the payment services subsector following regulatory approval given the firm by the Central Bank of Nigeria...
General economic conditions improved in October 2021, driven by the manufacturing sector, amid a slight decline from the non-manufacturing sector during the month, the Central Bank...
The Central Bank of Nigeria (CBN) has stated that the attractiveness of securities in the international financial market, particularly in the United States, has swayed foreign...
A member of the Monetary Policy Committee (MPC) and Professor of Economics, Adenikinju Adeola Festus has expressed many worries for the Nigerian economy in the face...
Total currency in circulation in Nigeria rose by additional N180 billion in November as the aggregate money held by Nigerians and banks in the country rose...
Analysts at CSL Research have attributed the expansion in private sector credit in recent months to the Central Bank of Nigeria (CBN)’s efforts to revive the...
